The company plans to refurbish the current plant as a parts distribution center starting next year, Frantzen said. It is planning to build a $3.2 billion "joint venture" battery production facility that would launch in 2028 in Belvidere. There also are plans to invest $1.5 billion to build a second new facility in Belvidere to produce as many as 100,000 units a year of an unnamed mid-size truck starting in 2027.
$5B UAW, Stellantis deal could include construction of two more Belvidere plants
The United Auto Workers were determined to save the Belvidere Assembly Plant. They may have won more than they could have imagined.
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